Fabio
82 lines
5.5 KiB
Markdown
82 lines
5.5 KiB
Markdown
---
|
|
type: "Bill"
|
|
title: "Uniform Principal and Income Act: trust administration: income and payments."
|
|
description: "(1) Existing law, the Uniform Principal and Income Act, requires a trust to be administered, as specified, with due regard to the respective interests of defined income beneficiaries and remainder beneficiaries. For purposes of the act, \"payment\" is defined to mean a payment that a trustee may receive over a fixed number of years or during the life of one or more individuals because of services rendered or property transferred to the payer in exchange for future payments, or a payment that a trustee may receive pursuant to an income tax advantaged contractual, custodial, or trust arrangement, as prescribed."
|
|
jurisdiction: "us/states/ca"
|
|
legislature: "California Legislature"
|
|
session: "20092010"
|
|
identifier: "AB 1545"
|
|
citation: "California AB 1545 (20092010)"
|
|
classification: ["bill"]
|
|
subjects: ["Uniform Principal and Income Act: trust administration: income and payments."]
|
|
status: "enacted"
|
|
primary_sponsors: ["Committee on Revenue and Taxation"]
|
|
version_count: 5
|
|
action_count: 18
|
|
vote_count: 4
|
|
first_action: "2009-03-05"
|
|
last_action: "2009-08-06"
|
|
source: "openstates"
|
|
source_identifier: "ocd-bill/74eeb3af-1949-45a6-8e4b-90900caf87ac"
|
|
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200920100AB1545"
|
|
source_hash: "e2d7c2cd2d562899331dfda57dd7dc6b47ba060716ce0e49b3dcba7b6d772bb5"
|
|
vintage: "2026-07-01"
|
|
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
|
retrieved_at: "2026-07-06"
|
|
confidence: "reported"
|
|
tags: ["legislation", "bill", "us-ca"]
|
|
---
|
|
|
|
# California AB 1545 (20092010) — Uniform Principal and Income Act: trust administration: income and payments.
|
|
|
|
(1) Existing law, the Uniform Principal and Income Act, requires a trust to be administered, as specified, with due regard to the respective interests of defined income beneficiaries and remainder beneficiaries. For purposes of the act, "payment" is defined to mean a payment that a trustee may receive over a fixed number of years or during the life of one or more individuals because of services rendered or property transferred to the payer in exchange for future payments, or a payment that a trustee may receive pursuant to an income tax advantaged contractual, custodial, or trust arrangement, as prescribed.
|
|
|
|
## Version chain
|
|
|
|
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
|
|
|
1. **03/05/09 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200920100AB1545&version=20090AB154599INT)
|
|
2. **05/05/09 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200920100AB1545&version=20090AB154598AMD)
|
|
3. **08/06/09 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200920100AB1545&version=20090AB154596CHP)
|
|
4. **AB1545** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200920100AB1545)
|
|
5. **07/21/09 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200920100AB1545&version=20090AB154597ENR)
|
|
|
|
## Votes
|
|
|
|
- Do pass and be placed on the Consent Calendar. — **pass** (pass) · upper
|
|
- Consent Calendar 2nd AB1545 Committee on REV. & TAX. (Caldero — **pass** (pass) · upper
|
|
- Do pass, to Consent Calendar. — **pass** (pass) · lower
|
|
- AB 1545 REV.& TAX. Consent Calendar Second Day Regular Session — **pass** (pass) · lower
|
|
|
|
## Sponsors
|
|
|
|
- Committee on Revenue and Taxation — primary (person)
|
|
|
|
## Timeline
|
|
|
|
The legislative action history — every referral, reading, and vote.
|
|
|
|
- **2009-03-05** Read first time. To print. `reading-1`
|
|
- **2009-03-06** From printer. May be heard in committee April 5.
|
|
- **2009-04-02** Referred to Com. on REV. & TAX. `referral-committee`
|
|
- **2009-05-04** In committee: Hearing for testimony only.
|
|
- **2009-05-05** From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended. `amendment-introduction, reading-2, amendment-passage, reading-1`
|
|
- **2009-05-06** Re-referred to Com. on REV. & TAX. `referral-committee`
|
|
- **2009-05-12** From committee: Do pass. To Consent Calendar. (May 11). `committee-passage-favorable, committee-passage`
|
|
- **2009-05-13** Read second time. To Consent Calendar. `reading-2, reading-1`
|
|
- **2009-05-18** Read third time, passed, and to Senate. (Ayes 77. Noes 0. Page 1557.) `reading-3, passage, reading-1`
|
|
- **2009-05-18** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
|
|
- **2009-06-04** Referred to Com. on REV. & TAX. `referral-committee`
|
|
- **2009-07-09** From committee: Do pass. To Consent Calendar. (July 8). `committee-passage-favorable, committee-passage`
|
|
- **2009-07-13** Read second time. To Consent Calendar. `reading-2, reading-1`
|
|
- **2009-07-16** Read third time, passed, and to Assembly. (Ayes 36. Noes 0. Page 1764.) `reading-3, passage, reading-1`
|
|
- **2009-07-16** In Assembly. To enrollment.
|
|
- **2009-07-30** Enrolled and to the Governor at 2:30 p.m.
|
|
- **2009-08-05** Approved by the Governor. `executive-signature`
|
|
- **2009-08-06** Chaptered by Secretary of State - Chapter 152, Statutes of 2009.
|
|
|
|
## Source
|
|
|
|
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/74eeb3af-1949-45a6-8e4b-90900caf87ac`. Confidence: reported (aggregated from official California legislature records).
|
|
|